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National market update

Pending Home Sales Stabilize, Remain Above Year-Ago Levels

Washington, February 02, 2010 Pending home sales have leveled from a market swing driven by response to the home buyer tax credit, according to the National Association of Realtors®. More...
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December Existing-Home Sales Down but Prices Rise; 2009 Sales Up

Washington, January 25, 2010 After a rising surge from September through November, existing-home sales fell as expected in December after first-time buyers rushed to complete sales before the original November deadline for the tax credit. However, prices rose from December 2008 and annual sales improved in 2009, according to the National Association of Realtors®. More...
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Realtors® See a Decade of Dramatic Developments

WASHINGTON, December 30, 2009 At the beginning of the 21st century, most home buyers had never viewed a home online; the three top home sale marketing methods were yard signs, newspaper ads and open houses; and nearly nine out of 10 buyers financed their purchase with a fixed-rate, 30-year mortgage. What a difference a decade makes. More...
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National housing indicators

Existing home sales ()

5.45 millions units*

Existing home median price ()

$178,300

Housing Starts ()

557,000 units*

New home sales ()

National economic indicators

Home ownership

4th Qtr 09

67.2%

4th Qtr 08

67.5%

The homeownership rate in the fourth quarter 2009 (67.2 percent) was not statistically different from the fourth quarter 2008 rate (67.5 percent). In the South, the homeownership rate was lower than a year ago, while no other region showed any significant change from corresponding fourth quarter 2008 rates.

New home sales

Dec 09

-7.6%

Nov 09

-9.3%

Sales of new one-family houses in December 2009 were at a seasonally adjusted annual rate of 342,000. This is 7.6% below the revised November 2009 estimate of 370,000

Source: U.S. CENSUS BUREAU

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Regional market updates

View market statistics for your region.

Click on the links below to view data from two different industry sources. Choose information on local prices & state sales from any of 178 metropolitan housing markets prepared by the National Association of REALTORS® or information on sales & price activity from local area markets in 25 states prepared by Clarus MarketMetrics.

Peter Johnson, Century 21 Realty Partners

Montgomery County Single Family Home Sales fell a little in Feb 018 with 616 Homes Sold VS 617 in Feb 017 or (-0.1%). Average single family home prices fell (-2.03%) or $285,433 in Feb 018 VS $291,357 in Feb 017. Inventories (listings) fell in Feb 018 VS Feb 017. (see link)
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The Houston Single Family Home Sales enjoyed their 2nd positive month of the New Year. Sales were up in most all areas.
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Houston Single Family home sales rose (+5.3%) in Feb 018 with 5,260 sold vs 4,997 sold in Feb 017. Average home prices rose (-0.4%) in Feb 018 to $281,945 VS $280,813 in Feb 017. Single family leases fell 11.5% in Feb 018 VS Feb 018. Average rent prices rose (+1.4%) to $1,748 in Feb 018
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Exterior Remodeling Proves Best Bang for Your Buck, Realtors® Report

Washington, December 17, 2009 Despite a slow market and a slight decrease in the resale value of most remodeling projects, Realtors® report that the smartest home improvement investments may also be some of the least expensive. Results from the 2009 Remodeling Cost vs. Value Report show that small-scale exterior projects are the most profitable at resale, according to estimates by Realtors® who completed a recent survey. More...Read more

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Have you considered Encino? Let me WOW! you. I consider this California chic, modern, green, luxurious. Enjoy the eye candy.

Housing Trends eNewsletter is filled with U.S. Census Bureau key market indicators, consumer videos, blogs, a real estate glossary, mortgage rates and calculators, consumer articles, real estate radio, realtor.com® local community reports and local and national real estate sales and price activity provided by local MLSs and the National Association of REALTORS®.

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